More ponzi scheme tactics by the Fed

[kev374]

Here is Diana Olick uncovering this attempt by the Fed at feeding more flames to the Ponzi mortgage schemes…

http://www.cnbc.com/id/21694647

[patientrenter]

And this is the biggest news of the week for people like me who are hoping home prices here is Southern California come down…. way down.

This one from Bernanke was the lurking weapon to end all weapons in the house price war. I admit to being shocked that it came first from the lips of someone with so much responsibility for managing financial risk in our economy. If the government starts to offer guarantees to investors in home loans up to $1 million, then we can all go back to our rentals and give up. With no risk-pricing discipline on home loans, there’s no effective limit on how much the market can be pumped up.

Patient renter in OC

[bjensen]

Wow. Thats all I can say. Wow. If this happened I would pack up and move to North Dakota.

[bjensen]

Wow. Thats all I can say. Wow. If this happened I would pack up and move to North Dakota.

[bjensen]

Wow. Thats all I can say. Wow. If this happened I would pack up and move to North Dakota.

[bjensen]

Wow. Thats all I can say. Wow. If this happened I would pack up and move to North Dakota.

[bsrsharma]

It was probably a projection of subliminal thought by BB that this whole credit mess we are in can be wiped out in one fell swoop by a “healthy” 100%+ inflation. Remember, his nickname is Helicopter Ben. Those holding US $ or equivalents should be worried, very worried.

[bsrsharma]

It was probably a projection of subliminal thought by BB that this whole credit mess we are in can be wiped out in one fell swoop by a “healthy” 100%+ inflation. Remember, his nickname is Helicopter Ben. Those holding US $ or equivalents should be worried, very worried.

[bsrsharma]

It was probably a projection of subliminal thought by BB that this whole credit mess we are in can be wiped out in one fell swoop by a “healthy” 100%+ inflation. Remember, his nickname is Helicopter Ben. Those holding US $ or equivalents should be worried, very worried.

[bsrsharma]

It was probably a projection of subliminal thought by BB that this whole credit mess we are in can be wiped out in one fell swoop by a “healthy” 100%+ inflation. Remember, his nickname is Helicopter Ben. Those holding US $ or equivalents should be worried, very worried.

[patientrenter]

And this is the biggest news of the week for people like me who are hoping home prices here is Southern California come down…. way down.

This one from Bernanke was the lurking weapon to end all weapons in the house price war. I admit to being shocked that it came first from the lips of someone with so much responsibility for managing financial risk in our economy. If the government starts to offer guarantees to investors in home loans up to $1 million, then we can all go back to our rentals and give up. With no risk-pricing discipline on home loans, there’s no effective limit on how much the market can be pumped up.

Patient renter in OC

[patientrenter]

And this is the biggest news of the week for people like me who are hoping home prices here is Southern California come down…. way down.

This one from Bernanke was the lurking weapon to end all weapons in the house price war. I admit to being shocked that it came first from the lips of someone with so much responsibility for managing financial risk in our economy. If the government starts to offer guarantees to investors in home loans up to $1 million, then we can all go back to our rentals and give up. With no risk-pricing discipline on home loans, there’s no effective limit on how much the market can be pumped up.

Patient renter in OC

[patientrenter]

And this is the biggest news of the week for people like me who are hoping home prices here is Southern California come down…. way down.

This one from Bernanke was the lurking weapon to end all weapons in the house price war. I admit to being shocked that it came first from the lips of someone with so much responsibility for managing financial risk in our economy. If the government starts to offer guarantees to investors in home loans up to $1 million, then we can all go back to our rentals and give up. With no risk-pricing discipline on home loans, there’s no effective limit on how much the market can be pumped up.

Patient renter in OC

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